The Fed has a chance to diversify its leadership. Will it?

After controversy over ethics and stock trading arose, two regional Federal Reserve presidents announced their resignations late last month. Their departures leave two senior leadership positions open and a chance for the Fed to regain trust. Fed Chair Jerome Powell has expressed support for diversifying the regional banks, but the final selection process remains opaque. Later in the show: Coal production struggles to keep up with demand, Germany’s small to mid-size businesses voice their hopes for a new government and the Catch-22 of climate-impact rules and infrastructure updates.